---
schema_version: "secwatch.filing_event.v1"
accession: "0001473844-25-000035"
form_type: "8-K"
ticker: "STEL"
cik: "0001473844"
company_name: "Stellar Bancorp, Inc."
filed_at: "2025-05-22T23:59:59+00:00"
generated_at: "2026-05-20T18:04:10.947889+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Stellar Bancorp declares $0.14 quarterly dividend, an increase; shareholders reject board declassification

## Summary
- Quarterly cash dividend raised to $0.14/share, payable June 30, 2025 to holders of record June 16, 2025.
- Shareholders voted against declassifying the board (34.3M for, 670K against; did not pass).
- Say-on-pay and 2022 Omnibus Incentive Plan amendments approved with over 92% of votes cast.
- New Executive Severance Plan provides up to 200% base salary continuation for named executive officers upon qualifying termination.

## SEC filing metadata
- accession: 0001473844-25-000035
- form_type: 8-K
- ticker: STEL
- cik: 0001473844
- company_name: Stellar Bancorp, Inc.
- filed_at: 2025-05-22T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1473844/000147384425000035/0001473844-25-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1473844/000147384425000035/stel-20250521.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001473844-25-000035
- JSON: https://secwatch.observer/filing/0001473844-25-000035.json
- Plain text: https://secwatch.observer/filing/0001473844-25-000035.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.